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Pepper Money expands Construction Offering

Posted 14-11-2017

With almost a quarter of a million (216k) properties under construction nationally as at June 2017, construction builds are a booming industry and borrowers are looking to lenders for a finance solution to build their dream homes.

In response to increasing demand from the broker market, effective 14 November 2017, Pepper Money has expanded our construction loan offering into the Pepper Essential (prime) product and further enhanced the construction options available under the Pepper Easy (near prime) range.

Manual assessment in line with Pepper’s unique cascading underwriting process so borrowers will automatically have their application reassessed as ‘near prime’ should it fall outside Pepper’s ‘prime’ policy.